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I am reading with alarm the fact that SLV may not actually be backed up with an equivalent amount of high quality silver.
http://www.itulip.com/forums/showthr...716#post195716
Are there regulations to ensure that there is an equivalent amount of assets backing an ETF? If not, ETF managers are mere bookies.
I quote one forumer, ETFs are reliable as long as investors believe they are reliable. If a scandal happens to a rogue ETF, be it a commodity or stock, it will lead to a run on all ETFs, and considering the hundreds of billions if not trillion invested in ETF, world stocks and commodity markets will pop like a balloon.
http://www.itulip.com/forums/showthr...716#post195716
Are there regulations to ensure that there is an equivalent amount of assets backing an ETF? If not, ETF managers are mere bookies.
I quote one forumer, ETFs are reliable as long as investors believe they are reliable. If a scandal happens to a rogue ETF, be it a commodity or stock, it will lead to a run on all ETFs, and considering the hundreds of billions if not trillion invested in ETF, world stocks and commodity markets will pop like a balloon.